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Softwood Lumber Prices Moderate Somewhat as Plywood Corrects Down
Further to these updates earlier in the season by Madison’s, on June 6, “Wood Panel Prices Will Provide Indication of Remaining Summer Lumber Demand” and June 24, “Plywood Prices’ Major Surge While Most Softwood Lumber Prices Moderate,” once again last week the movement of plywood prices, slightly down, let’s us know what will likely happen…
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Madison’s Weekly Softwood Lumber Prices
North America Softwood Lumber Prices: updated July 28, 2020 (CLICK TABLE TO ENLARGE) MADISON’S SOFTWOOD LUMBER MARKET WEEKLY COMMENT: Key comment: “Sales slowed down a jot last week but overall supply of solid wood commodities remained well-behind demand.”
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US New and Existing Home Sales: June 2020
A huge bounce for both New and Existing home sales in the US in June 2020 provided some well-needed positive movement for the US economic condition: Sales of new single-family homes in the United States rose by +14% from the previous month to a seasonally adjusted annual rate of 776 thousand in June 2020 The…
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North America Rail Traffic: to July 18, 2020
For the week ending July 18, 2020, total U.S. weekly rail traffic was 481,597 carloads and intermodal units, down -8.5% compared with the same week last year said the the Association of American Railroads (AAR) Wednesday. Total carloads for the week ending July 18 were 214,685 carloads, down -16% compared with the same week in…
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US Housing Starts & Softwood Lumber Prices: June and July 2020
US Housing Total Starts June 2020 & Benchmark Softwood Lumber Prices July 2020 The USA purchases approximately 65% of Canada’s dimension lumber production mostly for home construction framing, while Canadian buyers account for about 10%, and those in Japan take 6%. For the week ending July 17, 2020, prices of standard construction framing dimension softwood…
